USD/CHF forecast & technical analysis on December 8, 2017


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Currency pair Dollar Franc USD/CHF continues to move within the framework of a bullish correction. At this point, we should expect a test of the support level test near the area of ​​0.9880 and the continuation of growth with a target above 1.0020.

USD/CHF forecast & technical analysis on December 8, 2017

In favor of the growth of the Dollar/Franc pair will perform a test of the support line on the indicator of relative strength index (RSI). Cancellation of the growth of the pair USD/CHF on Forex will be the fall and breakdown of the area of ​​0.9820, which will indicate the continuation of the USD/CHF fall in the area below the level of 0.9700.

USD/CHF forecast & technical analysis on December 8, 2017

USD/CHF forecast & technical analysis on December 8, 2017 assumes a test of the support level near 0.9880 and the pair continues to grow above 1.0020, an additional signal for the growth of the Dollar/Franc pair will be a test of the support line on the relative strength index (RSI).

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